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Global Brokerage (Global Brokerage) Tangible Book per Share : $-15.19 (As of Sep. 2017)


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What is Global Brokerage Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Global Brokerage's tangible book value per share for the quarter that ended in Sep. 2017 was $-15.19.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Global Brokerage Tangible Book per Share Historical Data

The historical data trend for Global Brokerage's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Brokerage Tangible Book per Share Chart

Global Brokerage Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tangible Book per Share
Get a 7-Day Free Trial -58.21 -28.61 48.05 -54.44 -16.77

Global Brokerage Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.00 -16.77 -17.23 -17.66 -15.19

Competitive Comparison of Global Brokerage's Tangible Book per Share

For the Financial Data & Stock Exchanges subindustry, Global Brokerage's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Brokerage's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Brokerage's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Global Brokerage's Price-to-Tangible-Book falls into.



Global Brokerage Tangible Book per Share Calculation

Global Brokerage's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-73.24-0-29.764)/6.1433
=-16.77

Global Brokerage's Tangible Book Value Per Share for the quarter that ended in Sep. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-90.974-0-2.347)/6.1433
=-15.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Global Brokerage  (OTCPK:GLBR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Global Brokerage Tangible Book per Share Related Terms

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Global Brokerage (Global Brokerage) Business Description

Traded in Other Exchanges
N/A
Address
55 Water Street, 50th Floor, New York, NY, USA, 10041
Global Brokerage Inc operates as a holding company in the United States is engaged in the provision of providing online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company offers spot FX trading that includes contracts for metals, fixed income, energy, and stock indices; and provides spread betting trading to the customers. The company is also engaged in hedge trading in its electronic market making, provides trading tools data and resources and educational courses. It generates is revenue by the way of trading facilities.
Executives
Nicola Jr Santoro other: Fmr. Chief Accounting Officer C/O FXCM INC, 55 WATER STREET, NEW YORK NY 10041
Lehman Brothers Holdings Inc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Michael F Price 10 percent owner C/O MFP INVESTORS LLC, 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Mfp Investors Llc 10 percent owner 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022

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